{"id":34354,"date":"2020-06-05T02:50:00","date_gmt":"2020-06-05T06:50:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=34354"},"modified":"2020-06-05T02:50:00","modified_gmt":"2020-06-05T06:50:00","slug":"10-ways-ai-is-improving-manufacturing-in-2020-forbes","status":"publish","type":"post","link":"https:\/\/blog.cyberconservices.com\/index.php\/2020\/06\/05\/10-ways-ai-is-improving-manufacturing-in-2020-forbes\/","title":{"rendered":"10 Ways AI Is Improving Manufacturing In 2020 Forbes"},"content":{"rendered":"\n<p>Understanding how <strong>AI<\/strong> is being used to improve processes and efficiencies can help understand how it could b leveraged in your world.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"alignleft size-large\"><img decoding=\"async\" src=\"https:\/\/cdn.pixabay.com\/photo\/2016\/08\/14\/19\/52\/factory-1593842__340.jpg\" alt=\"\"\/><\/figure><\/div>\n\n\n\n<p>By <a href=\"https:\/\/www.forbes.com\/sites\/louiscolumbus\/\">Louis Columbus<\/a> &#8211; Perceiving the pandemics&#8217; hard reset as a chance to grow stronger, more resilient, and resourceful dominates manufacturers&#8217; mindsets who continue to double down on analytics and <strong>AI<\/strong>-driven pilots.<\/p>\n\n\n\n<p>Combining human experience, insight, and <strong>AI <\/strong>techniques, they&#8217;re discovering new ways to differentiate themselves while driving down costs and protecting margins. And they&#8217;re all up for the challenge of continuing to grow in tough economic times. They&#8217;re not alone in accepting that challenge.&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.bcg.com\/\" target=\"_blank\">Boston Consulting Group<\/a>&#8216;s recent study&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.bcg.com\/publications\/2020\/business-applications-artificial-intelligence-post-covid.aspx\" target=\"_blank\">The Rise of the AI-Powered Company in the Postcrisis World<\/a>&nbsp;found that in the four previous global economic downturns, 14% of companies were able to&nbsp;<em>increase&nbsp;<\/em>both sales growth and profit margins as the following graphic shows:<\/p>\n\n\n\n<p>Real-time monitoring provides many benefits, including troubleshooting production bottlenecks, tracking scrap rates, meeting customer delivery dates, and more. It&#8217;s an excellent source of contextually relevant data that can be used for training machine learning models. Supervised and unsupervised machine learning algorithms can interpret multiple production shifts&#8217; real-time data in seconds and discover previously unknown processes, products, and workflow patterns.  <a href=\"https:\/\/www.google.com\/url?rct=j&amp;sa=t&amp;url=https:\/\/www.forbes.com\/sites\/louiscolumbus\/2020\/05\/18\/10-ways-ai-is-improving-manufacturing-in-2020\/&amp;ct=ga&amp;cd=CAEYBSoTMTM5MTE4OTEzNDI2NjE2ODM3OTIaNDc3ZTJlNTE2ZWYxZDQ3OTpjb206ZW46VVM&amp;usg=AFQjCNFBcS4i0wx5QlPd7A4hhHpIWdopkQ\">Read On:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Understanding how AI is being used to improve processes and efficiencies can help understand how it could b leveraged in your world. By Louis Columbus &#8211; Perceiving the pandemics&#8217; hard reset as a chance to grow stronger, more resilient, and <span class=\"excerpt-dots\">&hellip;<\/span> <a class=\"more-link\" href=\"https:\/\/blog.cyberconservices.com\/index.php\/2020\/06\/05\/10-ways-ai-is-improving-manufacturing-in-2020-forbes\/\"><span class=\"more-msg\">Continue reading &rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[638,640],"tags":[639,641],"class_list":["post-34354","post","type-post","status-publish","format-standard","hentry","category-ai","category-artificial-intelligence-ai","tag-ai","tag-artificial-intelligence-2"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/34354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/comments?post=34354"}],"version-history":[{"count":0,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/34354\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/media?parent=34354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/categories?post=34354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/tags?post=34354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}